Top End Energy Limited ( (AU:TEE) ) has shared an update.
Top End Energy Limited has announced the selection of its first well site for the Serpentine Natural Hydrogen Project in Kansas, USA. The site selection is based on structural features and data from Koloma’s exploration drilling. The company is advancing its pre-drill preparations, including securing surface use agreements and engaging consultants for well engineering. This development marks a significant step towards becoming drill-ready, with the potential to enhance the company’s position in the natural hydrogen industry.
More about Top End Energy Limited
Top End Energy Limited operates in the energy sector, focusing on the exploration and production of hydrogen and helium. The company holds exclusive rights over more than 25,000 acres in Kansas, USA, and aims to expand its strategic lease holdings to 30,000 acres. Its primary market focus is on the natural hydrogen play fairway in Marshall, Riley, and Washington counties.
YTD Price Performance: -21.82%
Average Trading Volume: 583,090
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.37M
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